KGL RESOURCES LIMITED — M&A Activity 2011

Apr 27, 2011

This document is a supplementary bidder’s statement issued under section 643 of the Corporations Act 2001 (Cth) ( Second Supplementary Bidder’s Statement ) and it supplements the first supplementary bidder’s statement dated 21 April 2011 ( First Supplementary Bidder’s Statement ) and the bidder’s statement dated 1 April 2011 ( Bidder’s Statement ), each issued by Kentor Gold Ltd ACN 082 658 080 ( Kentor ) in relation to its off market takeover bid for Jinka Minerals Limited ACN 131 851 404 ( Jinka ). This Second Supplementary Bidder’s Statement is to be read together with the First Supplementary Bidder’s Statement and the Bidder’s Statement. Unless the context requires otherwise, terms defined in the First Supplementary Bidder’s Statement and the Bidder’s Statement have the same meaning in this Second Supplementary Bidder’s Statement.

SECOND SUPPLEMENTARY BIDDER’S STATEMENT

In relation to the Offer by

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Kentor Gold Ltd ACN 082 658 080

to acquire ALL of your ordinary shares and ALL of your options over ordinary shares in

Jinka Minerals Limited ACN 131 851 404 for

$0.195 per share for each ordinary share in Jinka $0.039 per option for each option in respect of shares in Jinka with expiry date 31 July 2011 $0.096 per option for each option in respect of shares in Jinka with expiry date 31 July 2013

If you have any questions about this Second Supplementary Bidder’s Statement, the First Supplementary Bidder’s Statement, the Bidder’s Statement or about how to accept the Offer, please contact Kentor’s shareholder information line on 1300 859 277 (Australia) or +61 2 8280 7752 (from outside Australia) between 8.30am and 5.30pm (Melbourne time) Monday to Friday.

SUPPLEMENT TO BIDDER’S STATEMENTS

Update on voting power

Kentor is pleased to advise that as at the close of business on 27 April 2011, it had voting power in Jinka of 66.98%.

Offer unconditional

Kentor advises that, in accordance with section 650F of the Corporations Act, it has freed the Offer from the Offer Conditions (which are set out at section 5.7(d) of the Bidder’s Statement).

Accordingly, the Offer is now unconditional.

Offer Period extended

Kentor advises that, in accordance with section 650C and section 650D of the Corporations Act, it has extended the Offer Period by 7 days.

The Offer is now scheduled to close at 7.00 pm (Melbourne time) on 13 May 2011.

Kentor urges all Jinka Security Holders who have not yet accepted the Offer to return their Acceptance Form in order that consideration may be provided to them and the acquisition completed as soon as possible.

DATE OF SECOND SUPPLEMENTARY BIDDER’S STATEMENT AND LODGEMENT WITH ASIC

This Second Supplementary Bidder’s Statement is dated 28 April 2011, the date on which a copy of this Second Supplementary Bidder’s Statement was lodged with ASIC.

Neither ASIC nor any of its officers takes any responsibility for the content of this Second Supplementary Bidder’s Statement.

APPROVAL OF SECOND SUPPLEMENTARY BIDDER’S STATEMENT

The copy of this Second Supplementary Bidder’s Statement that was lodged with ASIC on 28 April 2011 was approved by a resolution passed by the Kentor Board on 28 April 2011 in accordance with section 645(2) of the Corporations Act.

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Simon Milroy Managing Director

Kentor Gold Ltd